System Completion Date definition

System Completion Date has the meaning given such term in Section 3.2.

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System Completion Date means 14 December 1998

System Completion Date means the delivery date established for each System as set forth in the Implementation Plan and Schedule mutually agreed to between the Parties as set forth in Section 2.2.

Examples of System Completion Date in a sentence

• Notwithstanding the foregoing, the waiver of the Pressure Requirements will not otherwise relieve the Parties of the obligations under this Agreement, including, without limitation, the obligation to meet the Gathering System Completion Date or the Milestone Completion Dates.

• Such payment shall be without prejudice to the Vendor’s obligation to complete the Services as soon after the Targeted System Completion Date as possible.

• In such case, the Integration Services applicable to such Product will be deemed complete upon Customer’s Beneficial Use of the Product (“Product Completion Date”), which may occur before the System Completion Date.

• The term of this Agreement shall commence on the Effective Date and shall terminate on the twenty-fifth (25th) anniversary of the System Completion Date (the “Term”); provided, however, that if Gatherer has received no Shipper’s Oil from Shipper for any period of twelve (12) consecutive months, Gatherer may terminate this Agreement upon written notice to Shipper.

• Within thirty (30) Days of the System Completion Date, Shipper shall commence and thereafter continue on an uninterrupted basis (except for interruptions caused by Force Majeure, Permissible Interruptions or Gatherer) delivery of Shipper’s Oil into the Base Gathering System.

• If the System Completion Date has not occurred on or before March 31, 2016, Shipper may terminate this Agreement.

• The Parties acknowledge and agree that Shipper’s successful development of the Committed Area depends upon the timely completion of the Olympia Gathering System In addition, it may be difficult to calculate the amount of damages or Losses Shipper incurs in the event that the Olympia Gathering System is not completed by the Gathering System Completion Date and in a manner that complies with the Initial Build Conditions.

• Effective on the Gathering System Completion Date, the Initial Guaranty Amount shall become Fifty Million U.S. Dollars (U.S. $50,000,000.00) until this Guaranty terminates.

• Gatherer shall utilize commercially reasonable efforts to complete construction of the Magnolia Gathering System by or before December 31, 2010 (the “Gathering System Completion Date”) provided that no later than June 30, 2010, all Receipt Points have been designated as per Section 5.6. Gatherer shall deliver to Shipper written notice of the Gathering System Completion Date within three (3) Business Days after the occurrence thereof.

• System is not completed by the Gathering System Completion Date and in a manner that complies with the Initial Build Conditions.

More Definitions of System Completion Date

System Completion Date means March 1, 2016. US-DOCS\70393108.5

System Completion Date means the date that System Completion has been achieved; “System Outage” means an Outage that is not an Equipment-Only Outage;

System Completion Date means the delivery date established for each System as set forth in the Implementation Plan and Schedule mutually agreed to between the Parties as set forth in Section 2.2 and Exhibit “D” attached hereto.

System Completion Date means the date that System Completion has been achieved;